All Type of News
Drug wholesalers scramble to survive
Local drug wholesalers are seeking ways to survive as their profit margins continue to fall in the domestic market after some foreign pharmaceutical firms attempted to cut down wholesalers’ margin.
Under such circu...
Celltrion to build GMP plant in North Chungcheong Province
Celltrion said Wednesday it will become the country’s largest pharmaceutical producer with the establishment of its GMP (Good Manufacturing Practice)-compliant plant in Ochang, Nother Chungcheong Province, the company...
Oriental pharmacist is not entitled to handle western drugs: Ministry of Government Legislation
Recently, the Ministry of Government Legislation (MOGL) said that an oriental pharmacist should not be engaged in selling western medicines, citing the current pharmaceutical affairs law.
According to Paragraph 2, ...
Zuellig Pharma Korea gets information security system certificate
Zuellig Pharma Korea said Tuesday it has received ISO/IEC 27001 certification from SGS, a global test and verification service agency, for the first time in Korea.
ISO/IEC 27001 is an information security managemen...
SK Chemicals conducts Phase 3 clinical trial of cell culture influenza vaccine
SK Chemicals said Tuesday that it has carried out Phase 3 clinical tests for its influenza cell culture vaccine using animal cell after it gained the green light from the Ministry of Food and Drug Safety.
According...
Novartis Korea names Moon Hak-sun new Taiwan presidentMoon Hak-sun, a head of Novartis Korea’s oncology division, was named the new president of the company’s Taiwan branch, Novartis Korea said Tuesday. He will take office on Septe...
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B2Pharm unveils green list alert serviceB2Pharm, the local information provider for pharmaceutical business, said Tuesday it has It “green list alert service” (GLAS) for Korean drug makers.
The GLAS is designed to ...
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Court to hand down final ruling over Dong-A’s illegal kickbacks
The Seoul Central District Court is expected to make its final ruling on September 30 over seven former and incumbent executives of Dong-A Pharmaceutical for offering 4.8 billion won in bribes to 1,400 doctors as well...
Wholesalers struggling to improve bottom lines
Local drug wholesalers are finding it increasingly difficult to boost their bottom line amid falling profit margin and a stiffer competition with other wholesalers, analysts said.
To make matter worse, Bayer Health...
DHP Korea likely to go public in Kosdaq in November
DHP Korea, a local leading artificial tear maker, said Monday that it passed the Korea Exchange’s preliminary evaluation on initial public offerings (IPOs) on August 23. The company is hoping to get listed on the Kosd...
